Government eyes Summers and Rice for World Bank: sources

Source: Reuters

Government eyes Summers and Rice for World Bank: sources
By Warren Strobel and Lesley Wroughton | Reuters – 5 hrs ago.

WASHINGTON (Reuters) - Former White House adviser Lawrence Summers, diplomat Susan Rice and PepsiCo Inc CEO Indra Nooyi are on a "short list" of possible U.S. candidates to head the World Bank, a person with knowledge of the Obama administration's thinking said on Wednesday.

The source and a second person familiar with the administration's thinking said Senate Foreign Relations Committee Chairman John Kerry was also on the list, although a Kerry spokeswoman said he had not been contacted and was not interested.

The World Bank, whose mission is to fight global poverty, launched a search for its next chief after Robert Zoellick said he would step down when his term as president ended in June.

The United States has held the post since the development institution was established after World War Two, while Europe has always picked the head of the International Monetary Fund.


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